Higher Crude Oil Spread Betting Prices Send Exxon Profits Soaring

The Spread Betting Markets – Last Week: Despite serious delays, European leaders finally voted to extend the EFSF to €1trn, and markets responded very positively. Greek debt holders will have to take a 50% haircut, but this was taken as a positive since many had expected up to 60%. The delays only served to widen [...]

USD/JPY Spread Betting Market Soars 4% on BoJ Intervention

The main news this morning is the Bank of Japan’s direct intervention in currency markets to haul the yen back from record highs against the US dollar. The intervention sent the USD/JPY soaring with a knock on effect on other yen and dollar pairs in FX spread betting. The USD/JPY is up 4.00%, touching a [...]

Spread Betting Guide to Speculating on the France 40 Index

Where to Spread Bet on the France 40 You can trade on spread betting markets such as the France 40 with spread betting companies like: IGIndex Spreadex CMCMarkets To see which companies offer 24 hour trading, new account offers, stop losses and trading charts see Spread Betting Companies. How to Spread Bet on [...]

Spread Betting Guide to Speculating on Commerzbank Shares

Where to Spread Bet on Commerzbank You can trade on spread betting markets such as Commerzbank with spread betting companies like: Financial Spreads Spreadex CityIndex To see which companies offer 24 hour trading, new account offers, stop losses and trading charts see Spread Betting Companies. How to Spread Bet on Commerzbank Should [...]

Euro Relief Rally Pushes Dow Spreads Towards Biggest Monthly Point Gain Ever

Last night financial spread betting markets had one of their best days in many a month with the Dow Jones closing up 2.86% and ‘risk on’ currency pairs enjoying similar rallies. This morning the S&P 500 futures are down 0.5%, a small step back after yesterday’s rise. The AUD/USD and NZD/USD are showing similar movements [...]

Shares Spread Betting: Barclays Surges 15% on EU Debt Crisis Summit Outcome

European stock markets rallied strongly on Thursday, turbocharged by an early morning agreement between European leaders and private bondholders on a raft of measures designed to help contain the spread of sovereign debt effects throughout the Eurozone. The FTSE 100 rallied over 2.5% on the day, whilst the DAX and CAC both saw stronger gains [...]

FTSE 100 Spread Betting Up 2% as EU Leaders Agree on Greek Crisis Deal

This morning EU & IMF officials will be reaching for the double expressos after an EU bond deal was reached at 4 AM. An agreement has been reached on Greek bond holders taking a 50% cut in the value of their bonds and a new €130 bn bail-out of Greece. Officials also agreed deals to [...]

Spread Betting Market Rally Curbed on News of Deadlock in Greek Debt Haircut Talks

European spread betting markets have been rather choppy today after initially gaining on positive news that a 50% Greek haircut had been all but agreed and the German Bundestag ratified the leveraging of the EFSF. These gains were rather short-lived after news broke that the Greek PSI haircut talks were, in fact deadlocked, while news [...]

S&P 500 Spreads Down 2% As EU Finance Ministers Cancel Meeting

Today we have the European finance summit which aims to solve the current problems once and for all – but given European official’s record thus far, a full and complete solution today seems unlikely. Indeed the FT reports that the main opposition party in the Netherlands is threatening to block any agreements from the summit [...]

FX Spread Betting: GBP/USD Struggling Ahead of UK Current Account Data

This morning we have a stern test for the British pound, with UK current account data due at 09.30. The data is expected to show an increase in the deficit to 9.7 bn. In addition, we also have mortgage approvals released at the same time and Bank of England Governor King speaking at 09.45. The [...]